The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1887-10-27
THE OKABENA MILLS.

THE OhABENA MILLS.
Bought by the Minnesota Loan and In
cestnaent Co. = W. II. Gilbert to-
Hare Charge of the Aills-Ihe Best
Mills in Southwestern Minnesota to he
Rer,ved and Kept Going.
The ADVANCE announced last week
that a home syndicate was negotiating
for the purchase of the Oksbena Mills.
This week we can give the particulars,
and say positively that the mills will
he started up within four to six weeks
and kept running. The purchasers are
the Minnesota Loan and Investment
Co., the consideration being about
SIC, 600, and it is understood that w.
II. Gilbert, of the Desmoines mills
above Jackson, will take an interest in
the property and will have charge of
the business. It is understood to be a
cash deal. The mills will he thorough.
~ remodeled. a mill expert having ar
rived last night from Minneapolis to
begin overhauling the ''viscera" of the
mill at once. We learn that from four
to six sets of double rollers will be
put in.
The reorganization Of these mills
will be double advantage to the town
and surrounding country, ny IN fur
nislling a good custom mill for the &C.
commodation of the farmers, (which
is the first object in view in the pur-
chase, for Worthington wants the far
mers to trade here;) and (2) in furnish.
ing ready and steady market for
wheat, for the mills have an elevator
capacity Of 10000 bushels and will buy
wheat the year round. Among the
first objects of the buyers are to estal,.
lisl market for wheat at this point,
and to encourage the growing of more
wheat in the county.
We, therefore, again congratulate
the whole community upon this result.
There has been much mill talk, many
mill meetings, and much mill CORE.
spondence during the past few years,
and the one man who has done most,
and should have most of the credit, is
Hon. J. Il. Moulton, who has worked
day and night and corresponded and
talked right and left for months to
bring about this result. He has been
ably seconded and financially backed
by his colleague, Banker George D.
Dayton. The Loan and Investment
Company of Which they are the head,
have finally decided to take the mills
and keep them going for the benefit of
the town and surrounding country.
1t is due to this company, especially
to the two gentlemen named, to repeat
what we said 1T the time the new bank
building was completed, viz: that
whatever capital they may attract
from the east and whatever they may
prealize in their business here, they be-
lieve in expanding for the benefit and
the development of tue community.
They have given our town the hand
soonest brick block this side of St.
Paul; they have begun improvements
in the suburbs which will extend our
limits and beautify our town with
handsome residences, and they now
propose recognizing and operating
the best mills in Southwestern Mime
sofa. This endorsement of Messrs.
Dayton, Moulton and the company, is
not paid for nor asked fer. 1t is a
hearty, honest, free gratis'' word of
appreciation for a syndicate of bust
ness men who are determined to lift
Worthington out of the mud" and
set her on the rock of prosperity.
The new moon this month stands up
on one limb" and can be seen on